1200 PALMER ST Orlando, FL 32801
3,247 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,247 sqft
Price per Sqft $384
Subdivision I W Phillips Sub
MLS Listing ID O6368205
HOA Y/N No
Year Built 1984
Annual Tax Amount $12,847
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
The property benefits from strong historical leasing activity, excellent long-term tenants, and consistent demand driven by its prime location near Downtown Orlando, Thornton Park, Lake Eola, dining, entertainment, and major employment centers. Zoned for Lake Como School (PK-8) and Boone High School, both well-regarded schools that further support long-term rental stability and tenant appeal. The Lake Davis-Greenwood area is known for its tree-lined streets, proximity to Lake Davis, and established residential character.
Clear upside through natural rent growth in such a demanding location. Operating expenses are efficient, and the property has been well cared for with no deferred maintenance.
Ideal for investors seeking a turn-key asset in one of Downtown Orlando's most sought-after residential neighborhoods. Rare opportunity with on-site parking, strong location fundamentals, and long-term income potential.
Location
State FL
County Orange
Community I W Phillips Sub
Area 32801 - Orlando
Zoning R-2B/T/AN
Interior
Interior Features Open Floorplan
Heating Central
Cooling Central Air
Fireplace false
Laundry Inside
Exterior
Exterior Feature Lighting
Utilities Available Water Connected
Roof Type Membrane
Garage false
Private Pool No
Building
Foundation Block
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6368205
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